Musk's net worth hits $600 billion, Forbes says, as SpaceX preps for IPO
SpaceX’s $800 billion valuation added $168 billion to Musk’s net worth; Tesla and xAI gains also contributed to his historic wealth milestone.
- On Monday, Forbes reported Elon Musk, entrepreneur and CEO, became the first person worth $600 billion after SpaceX's tender offer valued the company at $800 billion.
- SpaceX accounts for $336 billion of Musk's net worth, with an August valuation rising from $400 billion to $800 billion, adding $168 billion; Forbes attributes $197 billion to Tesla, which approved a pay package potentially granting Musk $1 trillion in stock.
- Page and Brin's gains reflect Alphabet stock surging over 50% since mid-August to over $300, lifting Larry Page and Sergey Brin's worth to $265 billion and $246 billion on Monday.
- Forbes projects a SpaceX IPO at $1.5 trillion could make Musk the first trillionaire by 2026, as he needs $323 billion to reach $1 trillion and $23 billion for $700 billion.
- Over the years, milestones show Elon Musk hit $300 billion in November 2021 and $400 billion in December 2024, while rivals Bernard Arnault and Jeff Bezos briefly unseated him soon.
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Elon Musk's wealth has soared past $600 billion—he's now worth double the next richest person alive, Google's cofounder Larry Page
The SpaceX CEO just woke up $168 billion richer and set the bar for the first person estimated to be worth more than $600 billion.
Elon Musk became the first person in history to reach a heritage equal to or greater than US$600,000...
Your money also comes from Tesla's success and xAI projections
With a view to a forthcoming launch of its space exploration company on the Stock Exchange, the development of Elon Musk's heritage has increased by $168 billion on the only day of yesterday.
Elon Musk’s Net Worth on Its Way to $1 Trillion
Elon Musk added $167 billion to his net worth as Tesla Inc. (NASDAQ: TSLA) announced a major step forward in its self-driving car business. That took his total to $638 billion, according to the Bloomberg Billionaires Index. That makes him the first person to break the $600 billion barrier. (Number two on Bloomberg’s list is Google c0-founder Larry Page, who has a net worth of $265 billion.) 24/7 Wall St. Key Points Tesla Inc. (NASDAQ: TSLA) CE…
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